Flare, the EVM-compatible interoperative chain has unveiled its new product-a eormentless wallet, together with a few other upcoming plans.
It increases steadily in user involvement, as is apparent from certain statistics.
Shiny new wallet
In a press release shared with Cryptopotato, Flare announced the launch of his seedless, non -custodial wallet luminite.
Turnkey’s embedded wallet technology was used to make Luminite, with which users can set their wallets with the help of well-known registration methods such as passkeys, biometrics or e-mail, without writing and storing a seed sense. Funds can be added via built-in Fiat on-disaster partners (including topper) to buy FLR, XRP and other assets.
“Luminite is built with one goal in mind: to bridge the gap between web2 and web3 users. By removing complex access barriers, we can enable everyone to get the first time to get experienced Crypto-holders to access the full power of the flare ecosystem. Co-founder of Luminite.
Apart from onboarding, Luminite will also be a direct access point for the growing portfolio of Defi protocols from Flare. Patrons can delegate the native token, FLR, to FTSO (Flare Time Series Oracle) DataDrovergers. Moreover, it will be possible to bridge FXRP tokens (Tokenized version of XRP) via Fassets (non-smart contract assets with full preserved).
Moreover, it will be possible to exchange tokens in the wallet, bridge assets by using the Liquidity Transport Protocol Stargate and liquid by SFLR on scepter, the protocol for setting, all within the Wallet Luminite interface.
Flare has also unveiled plans for a Future Learn & Earn program with Revolut, which will encourage new users to explore the ecosystem through education and rewards based on involvement.
FLR so far
The Blockchain recently celebrated 3 years since the launch on 25 June 2022. The entire operation started about 2-3 weeks following, in “Observation Mode”, where the Flare Foundation led all validators.
This phase lasted approximately 8 weeks, after which a tokentameration event (TGE) took place, with 15% of the total FLR version (~ 12 billion tokens) released to the public through the proposal process of the Flare Improvement.
The indigenous token is aware of the year for most of the year, which was marked considerably in July and the blockchain itself has included more than $ 150 million in Defi volume, according to data taken at the time of Printing of Defillama.
